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Request to Extend Due Dates for filing Tax & Transfer Pricing Audit
Chamber of Tax Consultants has made a Request for Extension of Due Dates for filing Tax Audit and Transfer Pricing Reports to Smt. Nirmala Sitharaman, Hon’ble Finance Minister,Ministry of Finance. Ful...
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Request to extend due date of Tax Other Audit Reports
Tax Bar Association, Jodhpur has made a Request for extension of due date of Tax Audit Report and Other Reports for a month. Relevant Text of their representation is as follows:- TAX BAR ASSOCIATION J...
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Memorandum for Extension of Due Date for filing of Income Tax Audit Report
Direct Taxes Professionals’ Association (DTPA), Kolkata has made a representation for Extension of Due Date for filing of Income Tax Audit Report under Income Tax Act to Hon’ble Smt. Nirmala Sitharama...
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ICAI request waiver of Penalty for delay in filing Income Tax Audit Reports
ICAI, Indore has requested CBDT Chairman to consider waiver of penalty for delay in furnishing of Report of Audit under any provision of the Income-tax Act, 1961 for the A. Y. 2021-22. Full Text of th...
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Advisory on Form 3CA-3CD, 3CB-3CD to avoid errors in filing
Clarification on Form 3CA- Form 3CD, Form 3CB- Form 3CD In order to avoid errors in form filing and verification, kindly ensure that following points are considered: 1. Use the latest version of the u...
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Income Tax Search on perfume manufacturing & real estate group in UP & Maharashtra
Searches conducted by Income Tax Department largely in Uttar Pradesh and Maharashtra The Income Tax Department carried out search and seizure operation on 31.12.2021 on two groups engaged in the busin...
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Piyush Goyal calls for a Single portal KYC system for Stock Brokers, Mutual Fund
Shri Piyush Goyal calls for a Single window portal for doing robust common KYC system for Stock Brokers, Mutual Fund and depositories etc Shri Piyush Goyal calls for transparency and integrity in the...
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Central Goods And Services Tax Act, 2017 Updated till 01.01.2022
Please find Central Goods And Services Tax Act, 2017 (CGST Act, 2017) Updated till 01.01.2022. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 12th April, 2017/Chaitra 22, 1939 (Sa...
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New Functionalities for Taxpayers on GST Portal in December, 2021
New Functionalities made available for Taxpayers on GST Portal in December, 2021 New Functionalities made available for Taxpayers for the Month of December, 2021 on GST Portal related to Changes in Fo...
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Exposure Draft of Revised AS 103, 111, 111, 28 for Comments
Accounting Standards Board The Institute of Chartered Accountants of India 4th January, 2022 Exposure Draft of Revised Accounting Standard (AS) for Comments The Indian Accounting Standards (Ind AS), a...
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Exposure Draft of AS 111, Financial Reporting of Interest in Joint Ventures
Accounting Standard (AS) 111 Financial Reporting of Interests in Joint Ventures Last date for the comments: February 3, 2022 Issued by Accounting Standards Board The Institute of Chartered Accountants...
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Exposure Draft of AS 28, Accounting for Associates and Jointly Controlled Entities
ED/AS28/2022/19 Exposure Draft Accounting Standard (AS) 28 Accounting for Investments in Associates and Jointly Controlled Entities Last date for the comments: February 3, 2022 Issued by Accounting St...
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Exposure Draft of AS 110, Consolidated and Separate Financial Statements
ED/AS110/2022/17 Exposure Draft Accounting Standard (AS) 110 Consolidated and Separate Financial Statements Last date for the comments: February 3, 2022 Issued by Accounting Standards Board The Instit...
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Exposure Draft of AS 103, Accounting for Amalgamations
ED/AS110/2022/16 Exposure Draft Accounting Standard (AS) 103 Accounting for Amalgamations Last date for the comments: February 3, 2022 Issued by Accounting Standards Board The Institute of Chartered A...
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Thane CGST Commissionerate busts Rs. 22 crores fake GST ITC racket
Operation is a part of large-scale effort by CGST Mumbai Zone to stamp out fake ITC networks The officers of Thane CGST Commissionerate of Mumbai Zone have busted a fake Input Tax Credit racket involv...
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Piyush Goyal thanks PM for deferring GST Rate increase for Textiles sector
Shri Piyush Goyal thanks the Prime Minister for the decision to defer the increase of GST slab from 5% to 12% for Textiles sector while addressing All India Textiles Association Special focus on getti...
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Govt clarifies on increase in rate of duty on imports against certain commodities
Clarification regarding factually incorrect tweets claiming that the government has increased the rate of duty on imports against certain commodities post alignment of Customs Tariff to the Harmonized...
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Request for Section 234F Late Fees waiver & extension of TAR/ITR due dates
Tax Advocates Association Gujarat has made a Request for waiver of Late Fees under section 234 F of the Income Tax Act, 196 and extension of DUe Date for filing of audit report & audited Income Tax Re...
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Media reports claiming that India missed Vaccination targets are misleading
Ministry of Health and Family Welfare COVID-19: Myth vs. Facts India’s National COVID-19 Vaccination programme has been one of the most successful and largest vaccination programmes in the world Poste...
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Consumer Welfare Fund made available to Board under Rule 97(7A) of CGST Rules, 2017
(Management & Administration) Central Board of Indirect Taxes & Customs (CBIC), Department of Revenue, Ministry of Finance, Government of India SECTION-I Introduction Consumer Welfare Fund (CWF) has b...